Paris has a bit over 22% of social housing at the moment I think. It’s constantly buying real estate to create more. And any new project has to integrate 20% of social housings.
As for the rest, there’s strong reluctance against high buildings because they would change the skyline of the city. There are a few, here and there, but they aren’t liked. Obviously, they would contribute to adding some new dwellings on the market. But apparently, the people prefer a tense market with a “nicer” city. Things may change eventually.
Paris has a bit over 22% of social housing at the moment I think. It’s constantly buying real estate to create more. And any new project has to integrate 20% of social housings.
As for the rest, there’s strong reluctance against high buildings because they would change the skyline of the city. There are a few, here and there, but they aren’t liked. Obviously, they would contribute to adding some new dwellings on the market. But apparently, the people prefer a tense market with a “nicer” city. Things may change eventually.
Sounds similar to how San Francisco became completely unaffordable.